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Thursday, January 8, 2009

Give Your Children an Abundance Attitude

Fostering a mindset of abundance in your children is one of the greatest gifts you can give them—especially during less than ideal economic times. Doing so helps them see the world as full of opportunity for those willing to work diligently toward their goals. Young people with an abundance attitude realize that wealth is not finite and that they can create lives of prosperity for themselves and others.

In the February 2009 issue of SUCCESS Magazine, Publisher and Editorial Director Darren Hardy shares these following tips:

8 Strategies for Building Abundance Attitude in Your Kids

Reward Responsibly – Don’t give rewards for promised future behavior. Reward when the goal is accomplished. Acknowledge the accomplishment and celebrate it.

Clarity – Be open about your financial state. Work as a family toward saving for a big item like a dream vacation. Adopt a family mission statement.

Everything is a Teaching Tool – Use economic and financial news, as well as the success stories of business owners as conversation starters or as talking points around particular issues. Inspire your kids by highlighting positive entrepreneurial stories.

Foster Support – You’re not necessarily the dominant adviser to your children. Kids need support, mentor-ship and encouragement from coaches, teachers and other influential people. Find out who your child’s favorites are and encourage their support of your child’s endeavors.

Encourage Networking and Innovation – Connect your children to people who have passion for what they do that’s of interest to your child. Encourage them to set high goals for themselves even if they don’t reach them.
Learn Business – The greatest teacher and confidence builder is to learn by doing. Encourage your child to take a part-time job, volunteer or start their own business. Programs like Youthpreneur give kids business skills whether for their own for-profit business or fund-raising.

Giving Back – Show your children the power of sharing. Volunteering time and resources goes a long way toward teaching an abundant outlook by giving to the less fortunate.
Gratitude Attitude – Appreciate the things you have. Teach your children to take stock of and appreciate the intangibles like relationships, nature, shared experiences and things that don’t cost money.

www.successmagazine.com

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